Bonny Doon is unincorporated, covering a wide swath of rural Santa Cruz County Real Estate – from the far reaches of Davenport over to Felton and Ben Lomond, and down toward University of California, Santa Cruz. Real estate in this area is rather exclusive, featuring mostly well built homes on larger than average parcels. The spectacular topography ranges from coastal redwood forests to open meadows and includes some of the Zayante Sand hills habitat. There’s a local school, volunteer fire department, first class wineries, and the Bonny Doon Ecological Reserve.
During 2011, 25 homes sold.
The property that took the longest to sell (536 days) eventually fetched $3.5 Million. This was a nearly 100 acre ranch featuring a large pond, 2 wells, barn and modest home The property that was the fastest to go into escrow at 0 days on the market was a foreclosure that sold for $385,000: a 1 bedroom home on about an acre. This was also the smallest parcel with a home on it that sold in 2011.
The average sales price was $815,243, the average lot size was about 7 acres.
The average days on the market until a home went into escrow was 137 days.
In comparison, during 2010, 22 homes sold, at an average sales price of $645,935. The most expensive property that sold that year was $1.2 million, which brings the average down. The average days until a home went into escrow was 108.
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